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Published On: Feb 8, 2025

Global FACTS Devices Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

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Summary
According to APO Research, The global FACTS Devices market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
The US & Canada market for FACTS Devices is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for FACTS Devices is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The China market for FACTS Devices is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for FACTS Devices is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of FACTS Devices include Hitachi ABB Power Grids, Siemens, Mitsubishi Electric, Liaoning Rongxin Xingye Power Technology Co.,Ltd, GE, FGI, Toshiba, Taikai Power Electronic Co.,Ltd and Sieyuan Electric Co., Ltd, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
In terms of production side, this report researches the FACTS Devices production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.
In terms of consumption side, this report focuses on the sales of FACTS Devices by region (region level and country level), by company, by type and by application. from 2020 to 2025 and forecast to 2031.
This report presents an overview of global market for FACTS Devices, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.
This report researches the key producers of FACTS Devices, also provides the consumption of main regions and countries. Of the upcoming market potential for FACTS Devices, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the FACTS Devices sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global FACTS Devices market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for FACTS Devices sales, projected growth trends, production technology, application and end-user industry.
FACTS Devices Segment by Company
Hitachi ABB Power Grids
Siemens
Mitsubishi Electric
Liaoning Rongxin Xingye Power Technology Co.,Ltd
GE
FGI
Toshiba
Taikai Power Electronic Co.,Ltd
Sieyuan Electric Co., Ltd
Hyosung
NR Electric Co., Ltd
AMSC
FACTS Devices Segment by Type
SVC
SVG
FACTS Devices Segment by Application
Metallurgy and Steel
Mining
New Energy
Chemical
Transportation
Others
FACTS Devices Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global FACTS Devices market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of FACTS Devices and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of FACTS Devices.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the FACTS Devices market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2020-2031).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global FACTS Devices industry.
Chapter 3: Detailed analysis of FACTS Devices market competition landscape. Including FACTS Devices manufacturers' output value, output and average price from 2020 to 2025, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of FACTS Devices by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of FACTS Devices in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
Table 1:FACTS Devices Industry Trends
Table 2:FACTS Devices Industry Drivers
Table 3:FACTS Devices Industry Opportunities and Challenges
Table 4:FACTS Devices Industry Restraints
Table 5:Global FACTS Devices Production Value by Manufacturers (US$ Million) & (2020-2025)
Table 6:Global FACTS Devices Production Value Share by Manufacturers (2020-2025)
Table 7:Global FACTS Devices Production by Manufacturers (Units) & (2020-2025)
Table 8:Global FACTS Devices Production Market Share by Manufacturers
Table 9:Global FACTS Devices Average Price (US$/Unit) of Manufacturers (2020-2025)
Table 10:Global FACTS Devices Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
Table 11:Global FACTS Devices Key Manufacturers Manufacturing Sites & Headquarters
Table 12:Global FACTS Devices Manufacturers, Product Type & Application
Table 13:Global FACTS Devices Manufacturers Established Date
Table 14:Global Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 15:Global FACTS Devices by Manufacturers Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value of 2024)
Table 16:Major Manufacturers of SVC
Table 17:Major Manufacturers of SVG
Table 18:Global FACTS Devices Production by Type 2020 VS 2024 VS 2031 (Units)
Table 19:Global FACTS Devices Production by Type (2020-2025) & (Units)
Table 20:Global FACTS Devices Production by Type (2026-2031) & (Units)
Table 21:Global FACTS Devices Production Market Share by Type (2020-2025)
Table 22:Global FACTS Devices Production Market Share by Type (2026-2031)
Table 23:Global FACTS Devices Production Value by Type 2020 VS 2024 VS 2031 (Units)
Table 24:Global FACTS Devices Production Value by Type (2020-2025) & (Units)
Table 25:Global FACTS Devices Production Value by Type (2026-2031) & (Units)
Table 26:Global FACTS Devices Production Value Market Share by Type (2020-2025)
Table 27:Global FACTS Devices Production Value Market Share by Type (2026-2031)
Table 28:Major Manufacturers of Metallurgy and Steel
Table 29:Major Manufacturers of Mining
Table 30:Major Manufacturers of New Energy
Table 31:Major Manufacturers of Chemical
Table 32:Major Manufacturers of Transportation
Table 33:Major Manufacturers of Others
Table 34:Global FACTS Devices Production by Application 2020 VS 2024 VS 2031 (Units)
Table 35:Global FACTS Devices Production by Application (2020-2025) & (Units)
Table 36:Global FACTS Devices Production by Application (2026-2031) & (Units)
Table 37:Global FACTS Devices Production Market Share by Application (2020-2025)
Table 38:Global FACTS Devices Production Market Share by Application (2026-2031)
Table 39:Global FACTS Devices Production Value by Application 2020 VS 2024 VS 2031 (Units)
Table 40:Global FACTS Devices Production Value by Application (2020-2025) & (Units)
Table 41:Global FACTS Devices Production Value by Application (2026-2031) & (Units)
Table 42:Global FACTS Devices Production Value Market Share by Application (2020-2025)
Table 43:Global FACTS Devices Production Value Market Share by Application (2026-2031)
Table 44:Hitachi ABB Power Grids Company Information
Table 45:Hitachi ABB Power Grids Business Overview
Table 46:Hitachi ABB Power Grids FACTS Devices Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 47:Hitachi ABB Power Grids FACTS Devices Product Portfolio
Table 48:Hitachi ABB Power Grids Recent Development
Table 49:Siemens Company Information
Table 50:Siemens Business Overview
Table 51:Siemens FACTS Devices Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 52:Siemens FACTS Devices Product Portfolio
Table 53:Siemens Recent Development
Table 54:Mitsubishi Electric Company Information
Table 55:Mitsubishi Electric Business Overview
Table 56:Mitsubishi Electric FACTS Devices Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 57:Mitsubishi Electric FACTS Devices Product Portfolio
Table 58:Mitsubishi Electric Recent Development
Table 59:Liaoning Rongxin Xingye Power Technology Co.,Ltd Company Information
Table 60:Liaoning Rongxin Xingye Power Technology Co.,Ltd Business Overview
Table 61:Liaoning Rongxin Xingye Power Technology Co.,Ltd FACTS Devices Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 62:Liaoning Rongxin Xingye Power Technology Co.,Ltd FACTS Devices Product Portfolio
Table 63:Liaoning Rongxin Xingye Power Technology Co.,Ltd Recent Development
Table 64:GE Company Information
Table 65:GE Business Overview
Table 66:GE FACTS Devices Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 67:GE FACTS Devices Product Portfolio
Table 68:GE Recent Development
Table 69:FGI Company Information
Table 70:FGI Business Overview
Table 71:FGI FACTS Devices Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 72:FGI FACTS Devices Product Portfolio
Table 73:FGI Recent Development
Table 74:Toshiba Company Information
Table 75:Toshiba Business Overview
Table 76:Toshiba FACTS Devices Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 77:Toshiba FACTS Devices Product Portfolio
Table 78:Toshiba Recent Development
Table 79:Taikai Power Electronic Co.,Ltd Company Information
Table 80:Taikai Power Electronic Co.,Ltd Business Overview
Table 81:Taikai Power Electronic Co.,Ltd FACTS Devices Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 82:Taikai Power Electronic Co.,Ltd FACTS Devices Product Portfolio
Table 83:Taikai Power Electronic Co.,Ltd Recent Development
Table 84:Sieyuan Electric Co., Ltd Company Information
Table 85:Sieyuan Electric Co., Ltd Business Overview
Table 86:Sieyuan Electric Co., Ltd FACTS Devices Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 87:Sieyuan Electric Co., Ltd FACTS Devices Product Portfolio
Table 88:Sieyuan Electric Co., Ltd Recent Development
Table 89:Hyosung Company Information
Table 90:Hyosung Business Overview
Table 91:Hyosung FACTS Devices Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 92:Hyosung FACTS Devices Product Portfolio
Table 93:Hyosung Recent Development
Table 94:NR Electric Co., Ltd Company Information
Table 95:NR Electric Co., Ltd Business Overview
Table 96:NR Electric Co., Ltd FACTS Devices Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 97:NR Electric Co., Ltd FACTS Devices Product Portfolio
Table 98:NR Electric Co., Ltd Recent Development
Table 99:AMSC Company Information
Table 100:AMSC Business Overview
Table 101:AMSC FACTS Devices Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 102:AMSC FACTS Devices Product Portfolio
Table 103:AMSC Recent Development
Table 104:Global FACTS Devices Production by Region: 2020 VS 2024 VS 2031 (Units)
Table 105:Global FACTS Devices Production by Region (2020-2025) & (Units)
Table 106:Global FACTS Devices Production Market Share by Region (2020-2025)
Table 107:Global FACTS Devices Production Forecast by Region (2026-2031) & (Units)
Table 108:Global FACTS Devices Production Market Share Forecast by Region (2026-2031)
Table 109:Global FACTS Devices Production Value Comparison by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 110:Global FACTS Devices Production Value by Region (2020-2025) & (US$ Million)
Table 111:Global FACTS Devices Production Value Share by Region (2020-2025)
Table 112:Global FACTS Devices Production Value by Region (2026-2031) & (US$ Million)
Table 113:Global FACTS Devices Production Value Share by Region: (2026-2031) & (US$ Million)
Table 114:Global FACTS Devices Market Average Price (US$/Unit) by Region (2020-2025)
Table 115:Global FACTS Devices Market Average Price (US$/Unit) by Region (2026-2031)
Table 116:Global FACTS Devices Consumption by Region: 2020 VS 2024 VS 2031 (Units)
Table 117:Global FACTS Devices Consumption by Region (2020-2025) & (Units)
Table 118:Global FACTS Devices Consumption Market Share by Region (2020-2025)
Table 119:Global FACTS Devices Consumption Forecasted by Region (2026-2031) & (Units)
Table 120:Global FACTS Devices Consumption Forecasted Market Share by Region (2026-2031)
Table 121:North America FACTS Devices Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
Table 122:North America FACTS Devices Consumption by Country (2020-2025) & (Units)
Table 123:North America FACTS Devices Consumption by Country (2026-2031) & (Units)
Table 124:Europe FACTS Devices Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
Table 125:Europe FACTS Devices Consumption by Country (2020-2025) & (Units)
Table 126:Europe FACTS Devices Consumption by Country (2026-2031) & (Units)
Table 127:Asia Pacific FACTS Devices Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
Table 128:Asia Pacific FACTS Devices Consumption by Country (2020-2025) & (Units)
Table 129:Asia Pacific FACTS Devices Consumption by Country (2026-2031) & (Units)
Table 130:South America FACTS Devices Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
Table 131:South America FACTS Devices Consumption by Country (2020-2025) & (Units)
Table 132:South America FACTS Devices Consumption by Country (2026-2031) & (Units)
Table 133:Middle East & Africa FACTS Devices Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
Table 134:Middle East & Africa FACTS Devices Consumption by Country (2020-2025) & (Units)
Table 135:Middle East & Africa FACTS Devices Consumption by Country (2026-2031) & (Units)
Table 136:Key Raw Materials
Table 137:Raw Materials Key Suppliers
Table 138:FACTS Devices Distributors List
Table 139:FACTS Devices Customers List
Table 140:Research Programs/Design for This Report
Table 141:Authors List of This Report
Table 142:Secondary Sources
Table 143:Primary Sources
Figure 1:FACTS Devices Product Image
Figure 2:Global FACTS Devices Production Value (US$ Million), 2020 VS 2024 VS 2031
Figure 3:Global FACTS Devices Production Value (2020-2031) & (US$ Million)
Figure 4:Global FACTS Devices Production Capacity (2020-2031) & (Units)
Figure 5:Global FACTS Devices Production (2020-2031) & (Units)
Figure 6:Global FACTS Devices Average Price (US$/Unit) & (2020-2031)
Figure 7:Global Top 5 and 10 FACTS Devices Players Market Share by Production Value in 2024
Figure 8:Manufacturers Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 9:SVC Image
Figure 10:SVG Image
Figure 11:Global FACTS Devices Production by Type (2020 VS 2024 VS 2031) & (Units)
Figure 12:Global FACTS Devices Production Market Share 2020 VS 2024 VS 2031
Figure 13:Global FACTS Devices Production Market Share by Type (2020-2031)
Figure 14:Global FACTS Devices Production Value by Type (2020 VS 2024 VS 2031) & (Units)
Figure 15:Global FACTS Devices Production Value Share 2020 VS 2024 VS 2031
Figure 16:Global FACTS Devices Production Value Share by Type (2020-2031)
Figure 17:Metallurgy and Steel Image
Figure 18:Mining Image
Figure 19:New Energy Image
Figure 20:Chemical Image
Figure 21:Transportation Image
Figure 22:Others Image
Figure 23:Global FACTS Devices Production by Application (2020 VS 2024 VS 2031) & (Units)
Figure 24:Global FACTS Devices Production Market Share 2020 VS 2024 VS 2031
Figure 25:Global FACTS Devices Production Market Share by Application (2020-2031)
Figure 26:Global FACTS Devices Production Value by Application (2020 VS 2024 VS 2031) & (Units)
Figure 27:Global FACTS Devices Production Value Share 2020 VS 2024 VS 2031
Figure 28:Global FACTS Devices Production Value Share by Application (2020-2031)
Figure 29:Global FACTS Devices Production by Region: 2020 VS 2024 VS 2031 (Units)
Figure 30:Global FACTS Devices Production Market Share by Region: 2020 VS 2024 VS 2031
Figure 31:Global FACTS Devices Production Value Comparison by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 32:Global FACTS Devices Production Value Share by Region: 2020 VS 2024 VS 2031
Figure 33:North America FACTS Devices Production Value (2020-2031) & (US$ Million)
Figure 34:Europe FACTS Devices Production Value (2020-2031) & (US$ Million)
Figure 35:Asia-Pacific FACTS Devices Production Value (2020-2031) & (US$ Million)
Figure 36:South America FACTS Devices Production Value (2020-2031) & (US$ Million)
Figure 37:Middle East & Africa FACTS Devices Production Value (2020-2031) & (US$ Million)
Figure 38:North America FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 39:North America FACTS Devices Consumption Market Share by Country (2020-2031)
Figure 40:U.S. FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 41:Canada FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 42:Mexico FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 43:Europe FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 44:Europe FACTS Devices Consumption Market Share by Country (2020-2031)
Figure 45:Germany FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 46:France FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 47:U.K. FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 48:Italy FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 49:Netherlands FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 50:Asia Pacific FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 51:Asia Pacific FACTS Devices Consumption Market Share by Country (2020-2031)
Figure 52:China FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 53:Japan FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 54:South Korea FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 55:Southeast Asia FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 56:India FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 57:Australia FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 58:South America FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 59:South America FACTS Devices Consumption Market Share by Country (2020-2031)
Figure 60:Brazil FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 61:Argentina FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 62:Chile FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 63:Middle East & Africa FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 64:Middle East & Africa FACTS Devices Consumption Market Share by Country (2020-2031)
Figure 65:Egypt FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 66:South Africa FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 67:Israel FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 68:Türkiye FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 69:GCC Countries FACTS Devices Consumption and Growth Rate (2020-2031) & (Units)
Figure 70:FACTS Devices Value Chain
Figure 71:Manufacturing Cost Structure
Figure 72:FACTS Devices Production Mode & Process
Figure 73:Direct Comparison with Distribution Share
Figure 74:Distributors Profiles
Figure 75:Years Considered
Figure 76:Research Process
Figure 77:Key Executives Interviewed

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Machinery & Equipment

Global FACTS Devices Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

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